The purpose of this rule is to implement Chapter 59A, Article 23A NMSA 1978 to promote the public interest and the availability of long-term care insurance coverage, and to facilitate flexibility and innovation in the development of long-term care insurance.

[1-1-99; 13.10.15.6 NMAC - Rn, 13 NMAC 10.15.6, 1-1-04]